Wall Street opens almost flat and the Dow Jones goes to 0.02 percent
Wall Street opened flat today almost a day after its biggest gain in two weeks and half an hour after the start of the session the Dow Jones an advanced Industrial marginal 0.02%, despite knowing that the price of housing in the U.S. fell in January.
The main reference of the New York park at this time added 2.57 points to stand at 13,244.2 units, while the S & P 500 was up another 0.09% mild (1.25 points ) to 1,417.76 points and the Nasdaq Composite Index also gained 0.09% (2.94 points) to 3,125.51 units.
Wall Street’s stock market recorded the lack of trend one day after the Dow Jones anotase a strong increase of 1.23%, the steepest in about two weeks after the president of the Federal Reserve, Ben Bernanke , defended the central bank’s intention to continue its expansionary monetary policy.
In the indecision of the start of the day also influenced the macroeconomic data published in this country, as Standard & Poor’s announced that the price of single-family homes fell in January a moderate 0.8% compared with the previous month, but remained to its lowest level since 2003.
In annual terms, the index measuring the price of housing in the twenty largest U.S. cities is 3.8% lower than in January 2011, while in the case of the ten largest cities lies a 3, 9% below the same month last year.
Thus, the components of the Dow Jones were divided between advances and setbacks, so that the positive side he led the Pfizer (2.26%), the Cisco technology (0.74 %), aluminum producer Alcoa (0.49%) and cellular operator AT & T (0.41%).
The downside of this index captained the Bank of America (-0.91%) and United Technologies (-0.59%), the latter after the Commission European open an investigation into the purchase of U.S. equipment manufacturer Goodrich Aviation by industry group to consider that it would violate antitrust community standards.
Out of this index again surprise the world’s most valuable company, the technology Apple, which rose 1.09% on the Nasdaq to touch a new high of $ 613.58 per share.
In other markets, oil rose to $ 107.65 per barrel, gold rose to $ 1,698.3 an ounce, the dollar gained ground against the euro (which was exchanged for 1.3333 U.S. dollars) and cost of public debt U.S. ten-year was down to 2.23%.
Category: Investing
